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ZKsync’s Alex Gluchowski Proposes Value-Driven Token Model
Key Takeaways
- Alex Gluchowski has proposed a shift in ZKsync’s token role, from coordination to actively supporting the network's economy;
- He suggests the token should fund upgrades, security, and services as the platform expands into connected zero-knowledge chains;
- The proposal includes new value sources like network fees and business licenses, managed by a governance-led system.
ZKsync’s co-creator, Alex Gluchowski, has proposed a new direction for the platform’s governance token.
He argued that the token should serve a greater purpose by supporting the network’s economy directly, rather than acting as a coordination tool.
In a post on the ZKsync forum on November 4, Gluchowski explained that the token worked well during the project’s early phase, when the system was still under development.
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However, as ZKsync has expanded into a network of connected zero-knowledge chains, he suggested that the token should help generate value and encourage broader adoption.
He stressed the importance of creating a system in which the token actively participates in maintaining and improving the network. This would include funding upgrades, improving security, and supporting shared tools and services.
One part of the proposal is introducing new ways for the token to gain value. On the network, the token could collect fees from services such as settlement and messaging. Outside the network, value could come from licensing software that is used by businesses.
The value gathered from these sources would be handled by a system controlled through governance. This system would decide how to allocate funds, whether to buy tokens on the market, reward users who stake tokens, or reduce supply through token burns.
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